Directorate General of Foreign Trade
Liberalization of UAV Export Policy
The Directorate General of Foreign Trade (DGFT) has recently implemented significant changes to the policy governing the export of Drones/UAVs from India. With the aim of promoting the export of high-tech items for civilian end uses, the DGFT has simplified ..
Month: Current Affairs - June, 2023
Category: India Nation & States Current Affairs
Mandatory Testing of Cough Syrup Exports
In a move to ensure the safety and quality of cough syrups being exported, the Indian government has made it compulsory for cough syrup makers to get their products tested in a government laboratory. This decision comes in response to ..
Month: Current Affairs - May, 2023
Category: India Nation & States Current Affairs
Advance and EPCG Authorisation Scheme
The finance ministry has introduced an amnesty scheme aimed at offering relief to traders who have defaulted on their export obligations. This scheme provides an opportunity for traders to rectify past defaults and fulfill their export obligations by paying customs ..
Month: Current Affairs - May, 2023
Category: Government Schemes Current Affairs
Indian Army ‘Him Drone-a-thon’ Programme
On August 8, 2022, Him Drone-e-thon Programme was recently unveiled by the Indian Army, in association with the Drone Federation of India. The programme was launched in line with “make in India in defence manufacturing”. It aims to catalyse and provide ..
Month: Current Affairs - August, 2022
Category: Defence Current Affairs
Extension of Foreign Trade Policy 2015-20
The Foreign Trade Policy 2015-20 has been extended by the government by six months up to 30th September 2022. Overview: Till 31st March 2022, the existing Foreign Trade Policy 2015-20 was valid. It has now been extended till 30th September ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs - 2024
Revamp of Commerce Department
The government plans to reorganize the commerce department so that it can implement a more organized trade promotion strategy with clear targets. A dedicated trade promotion organization and a trade remedies review committee have been proposed as part of the strategy. ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2024